Author: cryptowebmaster

Mike Volkmann is a writer and blogger from Germany. He writes contents on current blockchain, cryptocurrency, social media and WordPress. His posts and stories appeared across magazines and websites since 2008.

An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase shares of a company. ICOs are a relatively new phenomenon but have ...

Litecoin is a decentralized digital currency like Bitcoin. It uses the same encryption techniques to transfer and create funds and to confirm transactions. The main difference between Bitcoin and Litecoin is that Litecoin has a larger amount of coins that can be created and it has faster transaction rates. It can be helpful to think ...

The Bitcoin Segwit2x fork is projected to take place on November 16th and will temporarily result in two bitcoin blockchains. Following the fork, the current bitcoin blockchain will continue trading as Bitcoin (BTC) and the forked blockchain will trade as Bitcoin2x (B2X).

Coinbase is a global digital asset exchange company (GDAX), providing a venue to buy and sell digital currencies, as well as send information about those transactions out to the blockchain network in order to verify those transactions. Read more: Coinbase: What Is It and How Do You Use It? | Investopedia http://www.investopedia.com/tech/coinbase-what-it-and-how-do-you-use-it/#ixzz4x5KXDFWq
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Ethereum is an open-source, public, blockchain-based, distributed, smart contract system. Ether is the name for the token/cryptocurrency that is native to Ethereum’s smart contract platform (just like Bitcoin is the token native to Bitcoin’s blockchain)

A hard fork is a term that describes a major change to blockchain protocol which make previously invalid blocks/transactions valid (or vice-versa). This can be used to keep the same coin with major changes to the blockchain, or to create a new coin.

First decentralized anonymous multi-tasking messenger with the possibility of additional income. It combines all the advantages of classic instant messengers, but also has a number of features, the implementation of which became possible only thanks to the blockchain technology.

Bitcoins are electronic currency, otherwise known as 'cryptocurrency'. Bitcoins are a form of digital public money that is created by painstaking mathematical computations and policed by millions of computer users called 'miners'.